International agency Fitch reconfirms Bucharest's 'BBB minus' rating, with a stable outlook, given the city's performance and debt level.
Emese Grancsa
Current Affairs
Photo by at on Unsplash
Always see our news on Google
Fitch notes that Bucharest has an 'a' credit profile, reflecting a 'medium' risk profile and an 'aa' financial profile. However, the city is exposed to refinancing risk due to a large amount of debt to be repaid at maturity. An upward revision of Romania's sovereign rating could lead to an upgrade of Bucharest's ratings.
Sources
Fitch confirmă ratingul Bucureștiului la "BBB minus", cu perspectivă stabilă - Economica.net
Fitch confirmă ratingul Bucureștiului: Credem că are mult mai multă flexibilitate decât alte municipalități din România
Fitch confirmă ratingul Bucureştiului la
Bucureștiul a fost evaluat. Ce rating a acordat agenția internațională Fitch
Latest News
09:42
Romanian firefighters, congratulated by Emmanuel Macron for their intervention in the fires in France: "This is Europe. In moments of crisis, it gives life to the solidarity on which it is based."
09:17
The U.S. Central Command announced that the naval blockade against Iran remains in effect. American forces redirected 12 commercial ships and immobilized an oil tanker in the Gulf of Oman.
08:51
White House: Donald Trump prefers a diplomatic solution with Iran, but "he takes all options into account"
08:29
Candidates registered at UMF "Carol Davila" in Bucharest will take the written exam of the admission contest on Sunday, with a record number of 6,916 registrants for 1,947 places.
08:19
Iran condemns the Ukrainian attack on a commercial ship in the Caspian Sea, which resulted in one sailor dead and another injured.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
